These 3 Consumer Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the consumer discretionary sector.

DICK'S Sporting Goods, Inc. DKS

Dividend Yield: 3.04%

  • Wedbush analyst Seth Basham reiterated the stock with an Outperform rating and a price target of $155 on May 12, 2023. This analyst has an accuracy rate of 81%.
  • TD Cowen analyst John Kernan maintained an Outperform rating and raised the price target of $166 to $175 on March 8, 2023. This analyst has an accuracy rate of 70%.
  • Recent News: DICK'S Sporting Goods and the Boston Athletic Association announced a multi-year partnership.

Darden Restaurants, Inc. DRI

  • Dividend Yield: 3.16%
  • TD Cowen analyst Andrew Charles reiterated an Outperform rating with a price target of $160 on May 4, 2023. This analyst has an accuracy rate of 72%.
  • Keybanc analyst Eric Gonzalez maintained an Overweight rating and raised the price target from $160 to $170 on March 28, 2023. This analyst has an accuracy rate of 76%.
  • Recent News: Darden Restaurants commenced tender offer to acquire Ruth's Hospitality Group for $21.50 per share in cash.

Levi Strauss & Co. LEVI

  • Dividend Yield: 3.62%
  • Guggenheim analyst Robert Drbul maintained a Buy rating and cut the price target from $22 to $19 on April 10, 2023. This analyst has an accuracy rate of 73%.
  • Stifel analyst Drew Cum maintained a Buy rating and slashed the price target from $20 to $19 on April 10, 2023. This analyst has an accuracy rate of 70%.
  • Recent News: Levi Strauss reaffirmed its guidance for the fiscal 2023, expecting adjusted diluted EPS in the range of $1.30-$1.40 per share compared to the analyst estimate of $1.34 per share.

 

Read More: Fear & Greed Index Moves To 'Greed Zone After Dow Surges Over 400 Points

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Posted In: Long IdeasNewsDividendsPrice TargetPre-Market OutlookMarketsAnalyst RatingsTrading IdeasConsumer Stocksdividend yieldExpert IdeasWall Street's Most Accurate Analysts
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